December 4, 2022

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Global dairy trade price index falls to -2.9%

1 min read

Average selling price of 3839 per tonne

GDT auction prices
The Global Dairy trade auction results are in. The current auction has seen the price is decline -2.9% to an average price of $3839. 

The decline is the seventh in a row. 

The NZDUSD traded to its lowest level since November 2020 earlier today, but has seen a rebound back toward the swing low level from last week at 0.69165.   There is a swing area between 0.69139 to 0.69191. Get above (and stay above – see red numbered circles)

should see more upside probing.

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